Pexco sells its custom extrusions into industrial, commercial and medical markets. The firm has annual sales of $200 million, ranking 16th in Plastics News’ most recent ranking of North American pipe, profile and tubing extruders. Pexco operates 10 production plants throughout North America.

In an Aug. 15 news release, Odyssey managing principal Craig Staub described Pexco as “an extremely well-positioned company within the custom segment of the extrusion sector.” He added that Pexco “operates in attractive end markets.”

Pexco management - including CEO Neil Shillingford - will remain with the firm after the sale to Odyssey.

“Our customers have come to depend on Pexco as a one-stop supplier of their customized plastic components,” Shillingford said in the release. “I am confident that with Odyssey’s support we will expand on these capabilities.”

Odyssey is a middle-market private equity firm with about $2.5 billion under management. The firm also has offices in Woodland Hills, Calif.